Bond Canadian Imperial Bank 0% ( US78014J5618 ) in USD
Issuer | Canadian Imperial Bank |
Market price | 11.122 % ▼ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 31/10/2024 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | / |
Cusip | 78014J561 |
Detailed description |
The Royal Bank of Canada (RBC) is a Canadian multinational financial services company offering personal and commercial banking, wealth management, insurance, and investment banking services globally. An in-depth analysis focuses on the US78014J5618 bond, a fixed-income instrument issued by the Royal Bank of Canada, a prominent Canadian multinational financial services group headquartered in Toronto and globally recognized as one of the largest banks by market capitalization. This specific bond, identified by CUSIP 78014J561, was denominated in USD and carried a stated interest rate of 0, suggesting it functioned as a zero-coupon bond where investor returns were realized through capital appreciation from a discounted purchase price to a par redemption. While historical data indicated a 'current market price' of 11.122% and an original minimum purchase size of 1,000 units, alongside a payment frequency of 2, this Canadian-issued obligation matured on October 31, 2024, and has since been fully repaid, concluding its active lifecycle in the financial markets. |